Since Samsung Display completely stopped producing LCD panels for TVs, including for Samsung Electronics models, the latter resorted to the help of Chinese partners. Although the manufacturer is trying to diversify its supply, about 60% of its TVs are equipped with Chinese-made displays.
Image Source: Samsung
Despite Samsung pushing new technologies like QD-OLED, the vast majority of the company’s TVs still use regular LCD panels. In June 2022, Samsung Display stopped its own production of LCDs and must now purchase them from third parties.
According to the South Korean edition of The Elec, 26% of Samsung TVs receive LCD panels from the Chinese TCL CSoT. The company’s panels are also used in TVs of TCL itself, Sony and other well-known brands. The second place is occupied by HKC with 21% and the third by BOE with 11%. In other words, in the first year after Samsung stopped manufacturing liquid crystal displays, the company began to receive about 60% of its products from China.
Samsung also gets LCD screens from Taiwanese companies like AUO, Innolux, and Taiwan’s Foxconn-owned company Sharp for quite a while. Together with Chinese panels, they take place in more than 90% of Samsung LCD TVs. The panel from LG Display accounts for only 8%.
Samsung Electronics intends to purchase 38 million LCD TV panels this year, up from 34.2 million last year. However, in 2020 and 2021, during the COVID-19 pandemic, purchases amounted to 47 million copies at all.
After Chinese manufacturers outperformed South Korean competitors in the LCD segment, LG and Samsung have been hard at work on OLED displays and have established a fairly close collaboration in this area. Samsung Display is known to be ramping up production of QD-OLED panels in South Korea, with the first Samsung OLED TVs from LG to go on sale later this year.